Freeport‑McMoRan (FCX) Director Lydia Kennard Sells Shares

What Happened
Lydia H. Kennard, a director of Freeport‑McMoRan (FCX), sold 3,798 shares in an open‑market transaction on August 27, 2026 for a total of about $300,471. The weighted average sale price was $79.11 per share.

Key Details

• Transaction date: 2026-08-27 (reported on Form 4 filed 2026-08-28).
• Sale details: 3,798 shares sold; weighted average price $79.11; price range $79.1000–$79.1800. (Reporting person can provide per‑price breakdown on request — footnote F1.)
• Proceeds: approximately $300,471.
• Holdings after transaction: beneficial ownership includes 2,800 RSUs (footnote F2).
• Filing timeliness: Form 4 was filed the day after the trade (no late filing flag indicated).

Context
This was a straight sale (code S). Sales by directors are often routine (liquidity, tax planning, diversification) and are generally less informative about future company prospects than purchases. Kennard is a director (not reported as a 10% owner); there were no option exercises, awards, or gifts associated with this filing.